CONDITIONS OF SALE

1. Subject to the absolute discretion of the Auctioneer, the highest bidder to be the purchaser and if a dispute arises between two or more bidders the dispute may be settled by the Auctioneer, or the lot so in dispute may be immediately put up and resold.

2. The highest bidder shall be the buyer at the “HAMMER PRICE”. Any disputes will be settled at the auctioneers discretion

3. The seller shall be entitled to place a reserve on lots at the discretion of the auctioneer, The auctioneer shall have the right to bid on behalf of the seller for any lot on which a reserve has been placed.

4. All buyers must register before bidding.

5. The buyer shall pay a premium of 18% on the “Hammer Price” of each item, inclusive of V.A.T.

6. Payment must be made in Cash, Debit Card, bank draft or cheque (by prior agreement) The purchase price must be paid in full before a lot is released and title passed to the bidder.

Purchasers wishing to use credit cards may do so, however it should be noted that such payments will be subject to an administrative fee of 2% on invoice total.

7. Catalogue descriptions are intended to provide a general description of lots to help the prospective buyer. They do not always include details of damage or condition of lots. Buyers are advised to view each piece personally before the sale. Buyers are expected to form their own opinions as to the origins, date, condition, provenance or attributions of lots catalogued. The Auctioneer, R. J. KEIGHERY, not being responsible for the correct description, genuineness of, or any default of defect in any lot, and make no warranty whatever.

8. The property of a lot shall not pass to the buyer until the purchase price has been paid for in full, but the lot will be at the buyers risk in all respects from the fall of the hammer.

 

VENDORS CONDITIONS

Instructions
All goods delivered to City Auction Rooms will be deemed to be delivered for sale by Auction unless other wise stated and will be sold at City Auction Rooms discretion, subject to all sales conditions.

By delivering goods to City Auction Rooms for inclusion at auction each vendor acknowledges that he has accepted and agreed to be bound by all these conditions and that he has good and unencumbered title to the said goods. City Auction Rooms, as auctioneers have sole discretion of any lot in their catalogue, and the date and place of sale of such lots.

Commission & charges
The Vendor shall pay City Auction Rooms commission of 15% + VAT on all lots sold in excess of €100. This will cover Sale Commission, Advertising, Cataloguing, Printing and presentation for all sales
Items sold for less than €100 are subject to fees of 20% + VAT

Insurance
All property will be held insured on the premises pending sale for which a premium of 1% + VAT will be charged.

Collection
City Auction Rooms can arrange collection and delivery of goods from the Vendor to our Auction Rooms and reserve the right to charge the vendor for this service, which is arranged by agreement.

Reserves
All lots are put up for sale without reserve, unless written instructions are received by City Auction Rooms prior to the commencement of the sale. City Auction Rooms do not accept reserves on any lot under €200 in value.
Once Catalogued, items withdrawn from Sale will be subject to the buying-in charges based upon reasonable sale value.

Items of little value will be grouped together and sold in lots and can only be accounted for by lot and not in detail.

Unsold lots
Where any lot or lots fail to sell at auction, the Auctioneer shall notify the vendor accordingly and (in the absence of any agreement between the vendor and the Auctioneer to the contrary) such lots may, at the absolute discretion of the auctioneer, be re-entered in the next suitable Auction unless instructions are received to the contrary. Otherwise such lots must be collected at the vendors expense within a period of 7 days of such notification from the Auctioneer. City Auction Rooms reserve the right to adjust the reserve and estimated price of any previously unsold lot in order to facilitate its sale at a subsequent Auction.

Payment of proceeds of sale
The Auctioneer shall remit the Proceeds of Sale to the vendor not later than 21 working days after the date of the Auction, provided the Auctioneer has received payment.